Multifamily
2907 W Riverside Dr
2907 W Riverside Dr, Burbank, CA 91505
Listing Price: $1,600,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent is pleased to present for sale a 4 -unit
property located located at 2907 Riverside Drive. This quaint garden-style walk-up is
located adjacent to famed "Johnny Carson Park" and immediately south of Burbank
Studios.
Situated on a 6,405 square foot lot the subject property consists of three (3) one-bedroom
units and one (1) two-bedroom unit located on the second level. The property offers four
single car garages located in the rear of the property via alley access. Recent capital
improvements include new hot water heaters and a complete roof replacement in 2021.
The City of Burbank is hailed as the Media Capital of California and this gorgeous asset is
located within walking distance to both Warner Bros. & Burbank Studios along with a host
of other entertainment fixtures. Available for the first time in 35 years, a new investor has
a tremendous opportunity to acquire a well located value-add asset in one of the most
sought after rental markets in Southern California.
2907 W Riverside Dr
Investment Highlights
- First Time on Market in 35 Years
- Excellent Burbank Location, adjacent to "Johnny Carson Park" & just under half a mile from "Warner Bros. Studios"
- Individual Hot Water Heaters Inside Each Unit
- Separately Metered for Gas & Electricity
- Single Car Garage for Each Unit (4 Total)
Listing Price: $1,600,000
Investment Highlights
- First Time on Market in 35 Years
- Excellent Burbank Location, adjacent to "Johnny Carson Park" & just under half a mile from "Warner Bros. Studios"
- Individual Hot Water Heaters Inside Each Unit
- Separately Metered for Gas & Electricity
- Single Car Garage for Each Unit (4 Total)
Investment Overview
Marcus & Millichap, as the exclusive listing agent is pleased to present for sale a 4 -unit property located located at 2907 Riverside Drive. This quaint garden-style walk-up is located adjacent to famed "Johnny Carson Park" and immediately south of Burbank Studios. Situated on a 6,405 square foot lot the subject property consists of three (3) one-bedroom units and one (1) two-bedroom unit located on the second level. The property offers four single car garages located in the rear of the property via alley access. Recent capital improvements include new hot water heaters and a complete roof replacement in 2021. The City of Burbank is hailed as the Media Capital of California and this gorgeous asset is located within walking distance to both Warner Bros. & Burbank Studios along with a host of other entertainment fixtures. Available for the first time in 35 years, a new investor has a tremendous opportunity to acquire a well located value-add asset in one of the most sought after rental markets in Southern California.
